HomeMy WebLinkAboutItem #69 - Discussion Item$ 9,323,357
12.24%
•
D
ANNUALLY.
FPL
GROSS COMPANY REVENUE
ADJUSTED
GROSS COMPANY REVENUE
r w —
SST,REVENUE CHART
CITY REVENUE
1. EXCISE TAX PAID
2. FRANCHISE TAX PAID
3, CREDITS
4. FREE SERVICE
5, AD VALORUM TAXES
6. PERMITS PAID
7, LICENSES PAID
TOTAL 1 THRU 7
PERCENI OF
GROSS KEVENUE
1975
FPL
$78,987,447
$71,573,220
1975
SST �
/1)6 , DD� aa�
$76,142, 000+
$49, 038, 205
PRoPCSED
)0 YR
FRANCHISE
SBT
$76, 000, 000
$63,861,000
$ 5,521,984
3,520,606
NONE
NONE
742,437
30,085
1,265
$ 9,816,377
12,42%
BASED ON 2ND REVISED CITY POSITION.
THE FIRST YEAR IN CASH.
•
$ 4,264,783
490,382
43,149
NONE
2,273,518
11,445
462
$ 7;083,739
9.30%
cOn 4os'‘
$ 4,264,783
2, 730, 000*
43,149
NONE
2,273,518
11,445
462
•
10*
e
F Pt tR4T.I
ADD $16,MO_RtfRYa
Ykk n:
tr fit"
a,,
:TO
m
MAR 26 1976
voun.Atcoura Numecs 1 DATE OF DILL
L1ST CF CALLS
401.144AVE AMY
VLIDETIOND*DOUT
MIS tILL-CALL
t42-1111 _
stnvirqo coy
197AMI
R51 044i
mum CHAIIICE3
PAST DUE
APR 17
OUNT.LAST DILL.
2159
et v no
,AL MENTZ
jADJUSTMENTS ALAN E
PAST U
• R
TAIC trIVI
1 I FED
DIDECTORYADUERTISING rrzom
WAtSROMtIEt. or CALLS INCL TA
7THC401:5 C /1ED:75 INCL TAX NO un
i4)
400. OFMK1111.001.1.6
TA
20
3 60
2 18
15
ACCOUNT NUMDER
Strrnriy for expliIllari of C,irn Time
DATE
PLACE CALLED
_ .
TELEPHONE NUM0E11
.
T C Carr
MIN
AMOUNT
......1.......
.
. .
.
I
t
÷".•"'
t
• INLJI:.....
tOTAL tItiLL 1AL ST 1.1x
t.
ren rAx
At 1. ,,c, r../,
6
/
�•ry�j,��~ �"t +JY•�i) •s.'t�a ;.•-ri&^�YY��t]� :"« ~ .
VGMt,Vlt Or 'milk AEUtNTMIMT/, NW) wino Awe tA.VtATb•/a
•AVAIJ[ts Ural 1ROUtlT. A t►!CI►t1O ruts.COI susiw T.±dFLORIDA POWER nw '?h
•
' Ettthia b i1I'1911 duo. L. �� hry.1 .. - j -+cam- 1 C
How theiteO Pati du, oRsi'-- Road D4 •=�l)�:. , C-
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••:-t-s'! is "'•'tiaJAt'••'r
r N[TER KILOWATT `• • PAT!' ' PrT'�'��3 ! . +`�tiYY ON tbUICr .- t+LOhIDA Y�T�. -r
R[ACIMO.• . MOORS Ul D SCM[D i.A.K0UM . rui.Ans.. ►�Wt �[ UTT&*b •ALt9 TAX
L94 6 71.17� tr
1�4;.ti' , I .3 2.;2. 1
27a5
. - :_ .,�5�• :'r` 1 • • t
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�r.� ., rairti2•-i�-„t.-S - ri'a• ;_i -yrrce. .t i rj:�`: j• 1,,, • t ti
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SERVICE ADDRESS
1
I rr
AMOUHt How an, ( 2?t35 ji
\ t
•
F{'l_ Sr ( REVL.i`.C '. 1
GAUSS COMPANY REVENUE
ADJUSTED
GROSS COMPANY REVENUE
r75 1975
FPL S?'T
$75, 9 7, 447 $7E,142., 0n0+
$71,573,220 $49,033,205
P OP OSED
30';
rRANCH I S►
SBT
$76, 000, 000 -'
$63, 861, 000
CITY REVENUE
1, EXCISE TAX PAID $ 5,521,98 $ 4,2 :4,783 $ 4,2E4,783
2, FRANC CIS= TAX P:,II: 3,520,606 49D,3,7 2,730,000
3, CREDITS ONE 43,149 43,149
., 1
L!, FREE SERVICE c':0:�._ NONE NONE
5, AL) VALoRm TAXES 742,437 2,273,518 2,273,513
E, PF:RilIT:; PAID 30,023 11,445 11,445
7, LicE:.>+E PAID 1,265 462 462
TOTAL 1 THRU 7
PERCENT OF
GROSS REVENUE
12,427
$ 7, 033, 7 39
0 323, 757
(1,307, 12 , 2' Z
! ASFD ON 1 2ND REVISED CITY POSITION, AVERAGE YEARLY FR 1:CHISE
REVENUE IF Con.i,1.ff_:Ai IC'f IS PAID IE TNE FIRST 'i'UI\R$ ADD l'-i1,600
PER YEAR I.= PAID ANi;•_iA1_L_Y,
NOTE: ADJUSTED Ct).r.:, COMPANY Ai:Y R.. ,:_E..,_ PEPPr
F ','L1!u . UNDER EXISTING CITY C:
e)
Cy?
4
tO
t4
E 9 10 3
6 z
FRANCHISE
E
x i
s T
I r,
AG
EMF
T
BASEI.OM
1c7C
REVENJE
4:D
Ole
2 5g
C,
L'1
Iv',
L1
T
L
YEARLY PAYMENT = $ c33, 5OJ
PROVIDES FOR: LIM`]ITE=D TELE PHOi`!E SERVICE CREDIT (r:',3,1! ')
USE OF TELEPHONE POLE CROSS ARM (NOT USED)
USE OF O'1E UNDERGROUND DUCT (NOT USED)
ANNUAL FRANCHISE PAYMENT (FIB, 1ST)
Gross REVENUE BASE _ Vic`9,O38,10Q x 17, = $490,332 - $43,11JC = $533 500
NOTE: N0 PROJECTION IS MADE FOR NORMAL GPo' TH #
5/4/76
CRITERIA USED FOR FRANCHISE FORMULA
GROSS COMPANY REVENUE X __7 FRANCHISE REVENUE
GROSS COMPANY REVENUE DEFINED (BASED ON 1575 EARNINGS)
PRESENT FRANCHISE
LOCAL SERVICE CALLS = $IMP, 038, 2OO (ACTUAL)
(RECURRING TELEPHONE RENTALS)
1ST PROPOSED FRANCHISE BASE
LOCAL SERVICE CALLS = $51, 500, 000 (EsT,)
INTRA STATE TOLLS = 2/1,500,000 (EST,)
FRANCHISE REVENUE BASE = $76, 000, 000
2ND PROPOSED FRANCHISE LASE
LOCAL SERVICE CALLS = $51,500,000 (EsT,)
1/2 INTRA STATE CALLS = 12, 300, 000 (EST,)
FRANCHISE REVENUE BASE = $53,800,000
44/4/76
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YEARLY PAYMENT $4,56(0,000
Goss REVENUE BASE:
LOCAL SERVICE CALLS = .')51,500,000
ALL INTRA STATE TOLLS 24,500,000
FRANCHISE REVENUE BASE V6,000,000 (17 = $7E00000)
111-0
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FRANCHISE
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$760,000
ANCHI SE
EVENUE 1;1
RANCHISE
REVENUE
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YEARLY. PAYMENT
$3,810,C00 (AVERAGE) INCLUDES CONSIDERATION
PAYMENT
GROSS REVENUE EASE:
LOCAL SERVICE CALLS = $51,500, CCO
ALL. INTRA STATE TOLLS 24)52AM
FRANCHISE REVENUE LASE = $76,000,000 (17 = $7(30,000)
SERVICE CREDIT
TOTAL CREDIT
r
$CCAN,, ,EST, 11Y r.NNUALTF,L#BILL)
in4nnu (ESTICOST FOR 911 EMERGENCY SERV).
SE600000
5A/76
1sr
REVISED
CI
Y �'
SITION
(4///6)
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REVENUE 7,
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:- - I,37%000 I RANCHISE if
REVENUE
FRANC
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YEARLY RAYtiEt'T $2,7904COC (AVERAGE) INCLU =S CONSIDERATION PAYMENT
CROSS REVENUE VASE;
LOCAL SERVICE $51,5CO1000
1/2 INTRA STATE TOLLS J2,3fO, 000
FRANCHISE REVENUE rASE $63,8001CCO (1 = 63C,0OC)
la SERVICE CREDIT $1;3,000 (PRESENT TELEPHONE CREDIT)
('(, C'CC (9H 1 EMERGENCY SERVICE)
.TOTAL C7ECIT
$03, 6OC
5/4/76
i 2 3 4
•
2Nn
REV
SED
CITY
Posirloi
(4/20/76)
1, 7
CsNSID,RATION
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HISS
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,NCHISE
NENUE
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service
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-<-4---i$1)31(1 000 FR4NCIIISE ,
--) RPENUE 11.1
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YEARLY PAYNErT
GROSS REVENUE BASE:
LOCAL SERVICE
1/2 INTRA STATE TOLLS
FRANCHISE BASE
rd) SERVICE CREDIT
t/24730,000 (AVERAGE) INcLUDEs CONSIDERATION
PAYMENT
= $51,500,000
= 12/300,000
$63,3000009
632/000)
43/C00 (PRESENT TELEPHONE CREDIT)
OPTIoNAL ANNUAL COMIDEPATION PAYrENT
(WOULD ADD $1f,C00 TO AVERAGE YEARLY PAYMENT)
ELIMINATES 911 SERVICE CREDIT
°.7COrr
5/4/7E
SUMMARY
EXISTING FRANCHISE REVENUE
1% USING 1975 REVENUE BASE
PROPOSED FRANCHISE REVENUE
CITY POSITION PRIOR TO NEGOTIATION 3/12/76
6% USING LOCAL & INTRASTATE TOLLS AS A REVENUE BASE
PROPOSED FRANCHISE REVENUE - (AVERAGE)
FIRST CITY POSITION 3/24/76
YEARLY AVERAGE APPROXIMATELY 4 1/2+
PLUS $16,500,000 CONSIDERATION FOR 30 YR FRANCHISE
PROPOSED FRANCHISE REVENUE - (AVERAGE)
FIRST REVISED CITY POSITION 4/9/76
YEARLY AVERAGE APPROXIMATELY 4+%
PLUS $8,500,000 CO;S IDERAT I ON FOR 30 YR FRANCHISE
PROPOSED FRANCHISE REVENUE - (AVERAGE)
SECOND REVISED CITY POSITION] 4/20/76
YEARLY AVERAGE APPROXIMATELY 4%
PLUS $8,500,000 CONSIDERATION DISTRIBUTED ANNUALLY
FOR THE 30 YR FRAM:CHISE
YEARLY
REVENUE
533,500
4,5 0,000
3,870,000
2,790,000
2,730,000